UFG’s 'near complete' personal lines exit drives cat losses down: CEO Ramlo
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UFG’s 'near complete' personal lines exit drives cat losses down: CEO Ramlo

Farhin Lilywala
February 15, 2022
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United Fire Group (UFG) president and CEO Randy Ramlo credited his company’s below-average cat losses in Q4 to its nearly complete exit from personal lines in its Q4 2021 earnings call today.

Ramlo was speaking after the UFG reported its lowest combined ratio in more than 14 years in Q4, with the metric narrowing to 83% from 123% the year before, driving a 20% increase in the share price.

“I

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News United Fire Group Results Earnings
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Farhin Lilywala
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